Banks offer higher returns on special FDs
The Times of India Hyderabad|November 03, 2022
Interest rates on bank fixed deposits, which have been slow to rise compared to lending rates, are now going up through special schemes.
Banks offer higher returns on special FDs

Banks are now bettering the returns offered under small savings schemes like Kisan Vikas Patra and PPF, which range from 6.9% to 7.1%.

Banks offer more on FDs through special schemes

Mumbai: Interest rates on bank fixed deposits, which have been slow to rise compared to lending rates, are now going up through special schemes.

While banks are now bettering the returns offered under small savings schemes like Kisan Vikas Patra and public provident fund (PPF), which range from 6.9% to 7.1%. However, small saving schemes still have an edge for taxpayers.

Denne historien er fra November 03, 2022-utgaven av The Times of India Hyderabad.

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Denne historien er fra November 03, 2022-utgaven av The Times of India Hyderabad.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.